**Mall at 163rd Street in North Miami Beach Undergoing $150 Million Revamp**
The Mall at 163rd Street in North Miami Beach is set to undergo a major renovation and expansion.
Originally built in 1957, the 373,000-square-foot property was acquired last year for $46 million by a group of five investment firms: Taillard Capital Partners, YS 26 Capital, Tuesday Properties, Ark Ventures, and Strategic Capital Alliance. The group plans to invest $150 million into transforming the aging mall into a modern destination for entertainment, shopping, and dining.
According to the South Florida Business Journal, the redevelopment plan includes the addition of 21,424 square feet of new retail space across five new units. A significant portion of the existing space—approximately 150,000 square feet spread over three levels—will be converted into an “amusement center,” featuring four indoor pickleball courts.
The plans also include a brand-new 20,000-square-foot food court, marking a major step in repositioning the mall as a lifestyle and entertainment hub.
The redevelopment will be designed by local architecture firm Design Tech International Associates. Katz & Associates is overseeing leasing efforts for the revitalized property.
This ambitious transformation reflects a growing trend in the retail sector toward mixed-use and experiential destinations that combine sports, entertainment, shopping, and dining to draw in diverse crowds.
